I think people are buying EVs because they want one not because of any justification. In northern Virginia Teslas are everywhere. Several reasons…people have plenty of money, keeping up with the neighbors, and being able to drive in restricted lanes. This last one may have changed. Commutes are reasonable for an EV. It seems to be human nature to not consider where the electricity comes from. For example, the power structure in DC wants to do away with coal power plants. The DC area gets its power from WV coal plants. On every piece of un used land they are building server farms many being Amazon. Those server farms require a lot of power. Where do they think it’s going to come from if not the present coal power plants?What's funny is, the C-Level staff is responsible for the ongoing growth and success of the company, less so the short term operations and revenue from operations.
As @SC Maintenance has pointed out, EV market share consumption may be approaching an inflection point.
If EVs are to continue on their rapid growth curve, someone has to offer a $25K to $30K car with 300 mile range and charging issues need to be sufficiently addressed.
The $25,000 price tag won’t be achieved through traditional production processes.
You can fairly make the point that the current Teslas are in need of a refresh.
I can tell you this; I was overjoyed to pay $5.20 at Costco for 91* in the TSX. That's a 50 cent drop from the last Costco fill-up. 87* was a paltry $4.90! My PG&E gas and electricity bill was -$65 last month.
Interesting times ahead. The consumer benefits from choice and industry competition.
About a year ago I was talking to an electric power contractor. He told me he was working in the Dulles area hooking up new server farms(data centers) and there was no new capacity. The building contractors were screaming at him to get the power connected. His hands were tied because there wasn’t the power capacity. They are continuing to build them everywhere. Now one might ask why would you build something that there was no power for. That’s the way DC works.